The average lending interest rate is still 6.54%.

VTV.vn - By the end of September 2025, the average lending interest rate of the commercial banking system will reach 6.54%/year, a decrease of 0.4 percentage points compared to the end of 2024.

The interest rate cut reflects an effort to support businesses in recovering and expanding production.

According to a report by the State Bank of Vietnam, by the end of September 2025, the average lending interest rate of the commercial banking system reached 6.54% per year, a decrease of 0.4 percentage points compared to the end of 2024. This interest rate reduction reflects efforts to support businesses in recovering and expanding production.

From 2023 to the present, the State Bank of Vietnam has lowered the policy interest rate four times, with a total reduction of 0.5-2% per year, contributing to the lowest interest rate level in many years.

According to experts, interest rates may face significant pressure in the final months of the year due to complex factors in the international market. On the other hand, lending rates have already fallen sharply recently, making further reductions unlikely. While global interest rates are trending downward, the US Federal Reserve's (FED) interest rates remain high, and the global financial market is unpredictable under the impact of US tariff policies.

Furthermore, the demand for credit for production, business, and consumption is expected to increase, while capital mobilization across the entire credit institution system may be affected and face competition from other investment channels.

The State Bank of Vietnam's leadership affirmed that, in the coming period, the regulatory body will continue to closely monitor market developments and the domestic and international economic situation to proactively, flexibly, promptly, and effectively manage monetary policy tools, coordinating synchronously, harmoniously, and closely with fiscal policy and other macroeconomic policies to control inflation, contributing to macroeconomic stability and supporting economic growth.

Source: https://vtv.vn/lai-suat-cho-vay-binh-quan-con-654-100251016161419181.htm